Apollo Global Management Inc. $APO Shares Bought by Schwartz Investment Counsel Inc.

Schwartz Investment Counsel Inc. lifted its holdings in shares of Apollo Global Management Inc. (NYSE:APOFree Report) by 21.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,964 shares of the financial services provider’s stock after buying an additional 4,683 shares during the period. Schwartz Investment Counsel Inc.’s holdings in Apollo Global Management were worth $3,593,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of APO. Delos Wealth Advisors LLC purchased a new position in Apollo Global Management in the second quarter worth $25,000. Activest Wealth Management grew its stake in shares of Apollo Global Management by 875.0% during the 2nd quarter. Activest Wealth Management now owns 195 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 175 shares during the period. Sound Income Strategies LLC purchased a new position in shares of Apollo Global Management in the 3rd quarter valued at about $28,000. SJS Investment Consulting Inc. increased its holdings in shares of Apollo Global Management by 1,123.5% in the 3rd quarter. SJS Investment Consulting Inc. now owns 208 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 191 shares in the last quarter. Finally, Rosenberg Matthew Hamilton lifted its stake in shares of Apollo Global Management by 6,900.0% in the second quarter. Rosenberg Matthew Hamilton now owns 210 shares of the financial services provider’s stock valued at $30,000 after purchasing an additional 207 shares during the period. 77.06% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

APO has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Apollo Global Management in a report on Monday, December 29th. Wolfe Research restated an “outperform” rating on shares of Apollo Global Management in a report on Wednesday, January 7th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $155.00 price objective on shares of Apollo Global Management in a report on Tuesday, November 25th. Wall Street Zen raised Apollo Global Management from a “sell” rating to a “hold” rating in a report on Saturday, November 8th. Finally, Piper Sandler restated an “overweight” rating on shares of Apollo Global Management in a research report on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $165.62.

View Our Latest Report on Apollo Global Management

Insider Buying and Selling

In related news, CFO Martin Kelly sold 6,000 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $131.41, for a total value of $788,460.00. Following the completion of the transaction, the chief financial officer owned 325,604 shares of the company’s stock, valued at approximately $42,787,621.64. The trade was a 1.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 8.20% of the company’s stock.

Apollo Global Management Price Performance

APO stock opened at $144.01 on Monday. The stock’s 50 day moving average price is $140.13 and its 200 day moving average price is $137.95. The firm has a market cap of $83.59 billion, a P/E ratio of 21.05, a PEG ratio of 1.29 and a beta of 1.59. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.49 and a current ratio of 1.49. Apollo Global Management Inc. has a 1 year low of $102.58 and a 1 year high of $174.91.

Apollo Global Management Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Monday, November 17th were paid a dividend of $0.51 per share. The ex-dividend date of this dividend was Monday, November 17th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.4%. Apollo Global Management’s dividend payout ratio (DPR) is presently 29.82%.

About Apollo Global Management

(Free Report)

Apollo Global Management, Inc (NYSE: APO) is a global alternative investment manager that specializes in private equity, credit and real assets. The firm originates, invests in and manages a broad set of strategies across distressed and opportunistic credit, direct lending, structured credit, buyouts and real estate. Apollo provides investment management and advisory services to institutional clients and individual investors through pooled funds, separate accounts and publicly listed investment vehicles.

Its private equity business pursues control and non-control investments across industries, often focusing on complex or distressed situations where operational improvement and capital solutions can create value.

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Institutional Ownership by Quarter for Apollo Global Management (NYSE:APO)

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